The Contest

So, a couple weeks ago I posted about a contest I was doing with some friends. This contest had us take just $50 and put it into a futures trading account. The winner is the one with the biggest account after Winter.

I am happy to report that my initial $50 account has grown to roughly $600 (thank you bull market)! This is in large part due to riding the BTC wave up. I also capitalized on a big XRP short when the lawsuit news broke and caught Litecoin at a very good price early on.

I think it's pretty amazing that I've managed to turn this account from just $50 to nearly $600. And I'm no expert trader or anything. I went with a very risky strategy early on. Now that I have some value to the account, I will be pursuing a bit more conservative approach.

I'll start posting some trades and trade setups I'm looking at now that I am going to take a more conservative approach to this contest.

Some bad news

Unfortunately, Binance is kicking me off their platform. So, I will be looking for a new home for this account.

I was considering Bybit as I used to trade there (they even sent me a cool boxing glove and robe set!) and their mobile and desktop interface are both great.

PrimeXBT is my other consideration. They are who I use for my primary exchange. I like that you can trade forex and stock indexes that settle in BTC. However, their crypto pairs are on the short list (BTC, LTC, ETH, XRP, & EOS only).

Anyone else have suggestions? I liked using Binance because they have a ton of altcoin/usdt future pairs that you can't find on most other futures exchanges.